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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (June 22, 1913)
v THE SUNDAY OREGONIAN, PORTLAND. JUNE 1913. 17 SEA SIGHTS NOVEL Passengers Arriving on Rose City Have Interesting Trip. CRUISER ST. LOUIS PASSED Stranded Ship. Riverside, Viewed and Cigar-Shaped' Raft Met on Ocean Vessel Will Be Re paired Bear Is Delayed. The Rose City, of the "Big 3" line, detained by a four-knot current in the Columbia River, arrived last night at 6:30, after one of the most interesting voyages, from a sightseeing standpoint, she has made. There were 216 passen gers and 1200 tons of cargo on board. "We passed the United States cruiser St. Louis towing the submarine as we left San Francisco," said Captain O. P. Rankin. "The weather was delightful until we reached Cape Blanco, when there were showers and some wind. "The next interesting object was the Riverside, stranded on Blunts Reef be tween the lightship and the shore. The how was out of water and the rest was submerged: probably the ship's back is broken. Loose piling drifted from hor deckload in a southerly direction, and will be a menace to navigation for awhile. "The passengers were again treated to a rather unusual sight Friday morn ing, when we passed the tugboat Her cules towing one of the Benson cigar shaped seagoing rafts. The weather condltiona were most favorable for tho Hercules." When the Rose City gets back to Ban Francisco she will have two new topmasts installed by Haverside, With ers & Davis. The masts were ready before the Rose City sailed, but Captain Rankin did not wish to delay loading cargo so left them until his return. Other minor repairs will be made at Ban Francisco. The Bear, known as the "Growler" of the "Big Three" line, got away about en hour late owing to J. W. Ransom, Portland agent of the line, wishing to clear the dock on account of the dimin ished space which is due to one of the dock floors being under water. She carried 295 passengers and 1900 tons of freight. 'Among the passengers was Captain Howard Reese, who recently sold the steamer Despatch, which has been running out of Puget Sound, and Mrs. Reese. There was also an official from the Customs-House who went to Astoria to see about replacing river buoys which have been displaced by . floods. CHARGES FIXrED OX COiBURN Kcho of Rose Festival Week Heard In Case Against Captain. Charges have been filed against Cap. tain Roselle Coburn. master of the riv er steamer Resolute, in the office of TTnlted States Inspectors Edwards and Fuller by H. F. McGrath, chief inspec tor of customs. Captain Coburn Is charged with re fusing to obey the commands of Cus toms Inspectors Boyer and Grady on June 9, when he was ordered to put ashore with the Resolute, which was towing a boom of saw logs and entering the district set aside for the Rose Fes. tlval marine parade. After refusing to obey both Grady and Boyer he was once more ordered ashore by Mr. McGrath and then he did as ordered. The skipper is charged with a violation of an act of April 28, 1908, which allows certain districts to be set aside for naval marine parades and regattas and closed to other traf fic during the time specified. The Resolute is owned by Patrick Welch, of Spokane, and its master came here recently from the Middle West. Marine Notes. The British steamship Strathf illan, Captain R. McKenzle, master, cleared for Calcutta via Moji, Japan, at the Custom-house yesterday. Her cargo consisted of 3,690,500 feet of Oregon pine, valued at $44,286, and a typewrit er, valued at $50.62. The latter Is to be discharged at Moji and Is perhaps the smallest amount of cargo ever hauled so far for delivery. The steam schooner Rochelle, Cap tain Nelson, master, changed her clear ance at the Custom-house yesterday. Instead of taking 600,000 feet of lum ber to San Pedro she will take 450 tons of grain and a deckload of 350 feet of timber. The Peruvian bark Mario. Captain 8. Liumbreras, master, cleared yester day for Callao with 1,046,647 feet of Oregon pine, valued at $13,133. W. R. Grace and Co. made the shipment. : Captain Hansen will take the Kina to Nanaimo, B. C, to take on board 1600 tons of coal, after the ship has finished loading. The Kina is loading wheat for the United Kingdom, and moved from Irving dock to the grain elevator yesterday. She will get under way about the middle of next week. After leaving Nanaimo she will call at Cornell, Chile, to coal up. for the rest of her long voyage. Captain Simonds, deep-sea navigator, who is well known in Portland, will not return as master on the German ship Relnbek, now en route to Port land, but has remained at Hamburg as assistant overseer of the company owning the Relnbek. The Arablen, under charter to the East Asiatic Steamship Company, will arrive in about iwo weeks. She will leave San Francisco Tuesday for Van couver, where she will discharge her cargo before coming to Portland. When the British steamer Strath fillau cleared for Calcutta, via Moji, yesterday. Captain McKenzle, her mas ter, deplored the fact that he could obtain no Bull Run water at the In-man-Poulsen mill. He was told that he might obtain some farther down stream, but replied 'that he could not stop after getting under way. He will syphon water from the Columbia as he goes down stream. The Strathflllan left down stream at 6 o'clock this morn ing. The British ship Arracan was shifted from yie O.-W. R. & N. dock to Irving dock to load grain yesterday afternoon. The Port of Portland steamer Monarch towed the Arracan. The Senju Maru will shift from the coal bunkers to the Inman-F'oulson mill this evening. The Hassalo made her first trip this season to Megler last night. She was decorated for the occasion and has been completely overhauled this Sum mer. Superintendent Budd, of the line, made a trip on her. The T. J. Potter will commence making day trips to the beach June 28, when she .will have been overhauled. The Harvest Queen, the local river steamer, turned back Immediately after discharging cargo and passengers last night, and leaves up from Astoria this morning. Movements ot Vessels. ASTORIA, June 21. Arrived at 5 and Jeft up at 6:30 A. M., steamer Klamath, from San Francisco. Arrived at 7:10 and left up at B:55 A. M., steamer Rose City. Xrom San Francisco. Arrived at 10 and left up at 11:30 A. M-, steamer Jim Butler, from San Francisco. Arrived at- noon, learner' Gejferal Hubbard, from San Pedro. Arrived down at 4:15 and sailed at 7 P. M.. steamer Bear, for San Francisco and San Pedro. Sailed yesterday, schooner Winslow, for Callao. San Pedro, June 21. Arrived Steamer Beaver, from Portland. San Francisco. June 21. Sailed last night, steamers Portland and Yosemite, for Portland. Monterey. June 21. Sailed at 8 A. M., steamer J. A. Chanslor, for Portland. Blunfs Reef. June 21. Passed at 7 A. M., tug Hercules, with log raft in tow, from Columbia River, for San Diego. Port San Luis. June 20. Sailed Steamer Catania, for Portland. San Pedro, June 20 Failed Schooner Beulah and steamer George w. Fenwick, for Columbia River. Mahukona, June 20. Sailed Barkentlne Lahaina, for Portland. Raymond, Wash., June 21. Tramp steam ship Ikala arrived from Puget Sound today. Los Angeles, June 21. Arrived Steamers Beaver, from Portland; steam schooners Rainier, from Tacoma; Daisy Gadsby. from Cors Bay; Fort Bragg, from Fort Bragg; Mandalay, from Crescent City. Sailed Steam schooners William Chatham, for Pu get Sound: Multnomah, for Portland; Doris, for Willapa; Prosper, for Puget Sound. Seattle, Wash., June 21.- Steamers .Admi ral Faragut, from San Francisco; Bertha, from Southeastern Alaska; Mariposa, Edith, from Southwestern Alaska. Sailed Steam ers Navtjo, for Nome; British Columbia (British. towing barge Donal D.. for Prince Rupert; U. S. cruiser Galveston, for Alaska cruise: Jefferson, for Skagway; Alki, for Southeastern Alaska; Cordova, for Southwestern Alaska. Punta Arenas, June 18. Passed Steamer Candidae. from Glasgow and Liverpool, for San Francisco and Vancouver, X. C. Coronel June 20. Arrived Steamer His torian, from Tacoma and Seattle, for Ant werp and Liverpool. San Francisco, June 21. Arrived Steam ers G. C. Llndauer, for Grays Harbor; Speedwell, from Bandon, barks Notre Dame, D'Arvor (French), Rlthet, from Honolulu. Sailed Steamers China, for Hongkong: Gov ernor, for Seattle; Thetis, for Alaska, Yellow stone, for Astoria. Columbia River Bar Report. Condition at the mouth of the river at 5 P. M., smooth; wind, south, 12 miles; weather, cloudy. Tides at Astoria Sunday. High. Low. 2:S2 A. M 8.3 feet9:48 A. M -0.2 feet 4:10 P. M'.i". . .7.0 feet 9:58 P. M 3.7 feet BANKS' POSITION GOOD WT30Ii ABLE TO MEET DEMANDS FOR COMING CROP. Cash Gain at New York for Week Is Nearly SeVen Millions Small Decrease in Loans. NEW YORK, June 21. The statement of the actual condition of the clearing-house banks and trust companies for the week shows that they hold (48.808,660 reserve in excess of legal requirements. . This Is an increase of $4,997,150 from laBt week. The statement follows: Increase. Loans 11,804,164,000 $1. 410,1100 Specie 357,847,000 5.761,000 Legal tenders 85.015,000 1.106,000 Net deposits 1,762,821.000 6,523.000 Circulation 47,032,000 3,000 "Decrease. Banks' cash reserve in vaults, $879,282,000. Trust companies' cash reserve in vault, $63. 5SO.0OO. Aggregate cash reserve. $442,862, 000. Excess lawful reserve,' $43,809,650; Increase, $4,997,150. Trust companies' re serve with clearing-houBe members carrying 25 per cent cash reserve. $67,055,000. Summary of state banks and trust compa nies in Greater New York, not included in clearing-house statement: Decrease. Loans $537405,400 $5,477,100 Specie 65,856.100 43.500 Legal tendfers 7.606.200 30S.400 Total deposits 632,025.700 1,433,200 The Financier says this week: The gain of $6,866,000 in cash, reported In the statement of actual condition by the New York clearing-house banks for the week ending June 21, reflected the movement of cash In this direction and preparations for July 1 dividend and Interest disbursements, which will be the largest on record. Pre liminary estimates placed the gain by the banks in excess of $11,000,000. The discrep ancy will b.madt up probably in the next forthcoming report. The statement otherwise was not of par ticular importance. The reserves of the banks rose $4,997,150, making the present surplus above the 25 per cent minimum. $43.- 809,650, an unusually large figure for this season. Tlie banks are in excellent position at present to meet the coming crop demand. Condition of the Treasury. WASHINGTON. June 21. The condition of the United States Treasury at the be ginning of business today was: Working balance . . $ 66,066.996 In banks and Philippine treasury 66,022,212 Total of general fund 137.427,283 Receipts yesterday 2,510.740 Disbursements 2,145,675 The surplus this fiscal year Is $12,881,065. as against a surplus of $3,640,208 last year. The figures for receipts, disbursements and surplus exclude Panama Canal and public debt transactions. Coffee and Sugar. NEW YORK, June 21. Coffee futures opened steady at an advance of 6 to 7 points in response to higher European cables. The advance met considerable selling, part of which was rumored to be against firm offers from Brasll, and prices soon eased off to a net loss ot 1 to 8 points under renewed or continued liquidation and local pressure. Tha decline was checked later by reports of a steadier situation in Santos and by Euro pean buying. July, 9.26c; September. 9.Glc uctooer, v.ooo; DecemDer, y.o7c; January, 9.71c; March, 9.77c: May, 9.82c , Spot cofee easy. Rio, No. 7, 0Ho; Santos. No. 4, 11 lie. Mild coffee dull. Cordova, 13 leo. Raw sugar steady. Cotton Market. NEW YORK, June 21. Cotton futures closed steady, 12 to 21 points lower. June, 12.04c; July, 12.07c; August. 11.87c: September, 11.72c; October, 11.40c; Novem ber. 11.42c: December, 11.27c; January, 11.42c; February, 11.43c; March, 11.68c; May. 11.58c Spot closed quiet. Mid-uplands, 12.40c; mid-gulf, 12.65c. Sales, none. Dried XVult at New York. NEW YORK. June 2L Evaporated ap ples steadier. Fancy. TVi84c; choice. 6 6io: prime. 5H5c. Prunes firm. Oregons, 5Vi9V4o. Peaches quiet. Metal Markets. NEW YORK. June 21. The metal markets were dull and practically nominal. Lake copper. io."K(t io..oc; electrolytic, 14.84Ur 15.00c; casting. 14.75c. Iron unchanged. Duluth Linseed Market. Dl'LHTH, June 21. Close Linseed, $1.82 Vi; July, 11.21 H asked; September, $1.84 A DOUGLAS TO HAVE EXHIBIT County Prepares to Have Display of Products at State Fair." KOBEBURG, Or.. June 21. (Soecial.1 The County Court today appropriated ao to be used in defraying the ex pense of assenVblinsr a creditable pi hlbit of Douglas County products at the State Fair at Salem in Sectember. Charles "W. Clark, of Roseburg, was appointed to take charge of the ex hlbit. Mr. Clark said todav that he take up with the granges the matter of arranging an exhibit and that every effort would be made to win first prize. Mr. Clark is an artist in ar ranging displays and with th wealth of material at hand there is little doubt Dut what ne will have an excellent ex hibit, and one that will result in much advertising tor Douglas County Big log Contract Awarded. CHEHALIS. Wash., June 21. The Brown-Robinson Logging Company of Chehalls has closed a contract to log 10,000,000 feet of timber three miles south of Olequa and west of the rail road. It belongs to eastern parties. The logs will be driven down the Cow litz river and rafted to Portland saw mills. The work of moving the com pany's equipment, which has been In use south of this city, will begin at once and operations at the new camp are expected to begin within the next few days. WHEAT BUYING SLOW First Contracts Are Made at 70 Cents in Country. JAPANESE BUYING ENDED Total Operations for Oriental Ac count Involve About 12,000 Tons. Early Sales of New Crop Peed and Brewing Barley. There have been purchases of club wheat on contract at 70 cents in the country in the past week. The buying was done in 8 and 8 -cent freight rate districts. By the close of the week. however, the operations had slowed down, as the Japanese have contracted for all the early wheat they want for the present. Their total purchases of this sort to date are placed at not less' than 12,000 tons. The spot wheat market was auiet at the close of the week. There is a lull In the California demand, as the South ern millers have their immediate re quirements well taken care of. It is believed, however, they may come into the market again after the first of the month for a small quantity. There was some spot buying for Japanese account on the Sound. This business belonged here, but was worked In the north, owing to the steamer situation. Spot wheat prices have undergone no change in the past week. Reports from the Interior districts on the crop's progress were all favorable. A few sales of new-crop barley were made during the latter part of the week at 323.50 and $24 for feed grade. A little business has been done in brewing barley at 325. California deal ers are offering new barley from that state, which shows they have an ample supply for their home requirements and some to spare. In spite of the early reports of a crop failure. The market for .old barley is in active, and the oats market is equally dull. No price has been established yet for new-crop oats in the North west. Local receipts, In cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Monday 48 5 16 9 9 Tuesday 20 9 6 4 8 Wednesday . . UO 2 lO 2 Thursday 15 6 11 3 7 Friday 17 5 5 1 S Saturday .... 49 2 15 2 11 Year ago .... 4 .. 4 1 18 Total this wk. 109 23 6H 21 88 Year ago 75 4 24 17 42 Sea'n to date. 17,258 2358 2594 1587 2297 Year ago 14,883 SS9 2484 1587 27bW MIDDLEMAN'S MARGIN IS SMALL Statistical Report Shows Little or No Ad vance in Twenty Years. The middleman, frequently charged with much of the responsibility for the increased cost of living, escapes that Indictment In a report issued by the Department of Agriculture's bureau of statistics, which says that during the last 20 years of advancing prices the margin between the producer's price and the consumer's price has not widened much, it any. Comparing the average of prices for the last ten years, 1902-1912, with the preceding ten years, 1893-1902, it ap pears that wheat. No. 2 red. Chicago, advanced 32 per cent, the wholesale price of flour advanced 29 per cent and the retail price of flour advanced only 23 per cent. Hogs advanced about 33 per cent, the wholesale price of hams 24 per cent and the retail price of smoked. hams about 32 per cent; retail smoked bacon 65 per cent, pork chops 41 per cent, the wholesale price of lard 31 per cent and the retail price about 30 per cent. Steers (Chicago) advanced 24 per cent, the wholesale price of beef ad vanced 23 per cent, the retail price of sirloin steak 19 per cent and rib roast 23 per cent. Sheep advanced 19 per cent and the wholesale price of mutton advanced 36 per cent; the retail price was not given. During the last ten years the aver age farm price of potatoes on Decem ber 1 was about 26 per cent higher than for the preceding ten years, whereas the retail price advanced in the same period about 29. per cent. LOW PRICES CLEAN UP POULTRY Eggs Are Firm and Advancing Dairy Prod ucts Are Unchanged. The low prices quoted on poultry interested buyers, and there was a good cleanup at the close of the week. Hens were taken at 12 cents and springs at 18 to 19 cents. The latter are com ing In more plentifully, and the market is tending downward. Ducks were sold with extreme difficulty during the week. Turkey quotations are nominal. Country dressed meats ruled gener ally steady, though there is an easier feeling in pork, as is usual when the warm weather approaches. The egg market was lightly supplied, and the tendency was strong and up ward. Current receipts were taken for the most part around 21 and 22 cents and even better, and candled eggs com manded the usual Summer premium. Buying for storage account is ab sorbing cheese about as fast as it is offered, and this is keeping the market in a Arm condition. Stocks here are light and there is no surplus above requirements at the Coast factories. Storing will continue as long as June milk cheese can be had. Prices are, therefore, likely to hold steady for the next few weeks. The butter market is holding about steady, and no changes in prices are announced for the coming week. STRAWBERRIES ARE WATER-SOAKKD Large Supply of Cantaloupes Due and Lower Prices Will Prevail. Most of the strawberries received yesterday were water-soaked and very nine snipping stock was available. Unless the weather' clears soon, the marketing season will come to an end. Prices on the farmers' market ranged from 40 cents to l a crate. There were not many local cherries on the market, but there was plenty of stock In from The Dalles and other Eastern Oregon points, and prices were, therefore, weak. Royal Anns sold at 5 to 7 cents, and fancy Bings were held at 12 hi cents. Cantaloupe prices were net changed during the day, but there will be a large supply on hand Monday and the market will then be at $3 to 13.60 or less. Four cars of bananas will arrive today. There was a fair demand for vege tables with a sufficient supply on hand. Peas and beans were easier. WESTERN WOOL PRICES HOLD STRONG Bulk of Trading at Boston Is In New CUp. Market Hard to Raise. BOSTON. June 21. The Commercial Bulletin says of the wool market: Trading in the Boston wool market this week. has been of fair proportions, although there have been few large transactions. Prices are advanced her only with difficulty, and only in the cases where the manufacturers must have wool for immediate needs. Tho bulk of the business has been in new wools. In the West prices hold strong, with buying of fair proportions. Growers in some cases have refused to accept bids which dealers have made as their outside limits and which were consid erably higher than absolute safety warrants, considering the market situ ation. Shipments of wool from Boston from January 1 to June 19, inclusive, were 81,400,053 pounds, against 132,797.883 pounds for the same period last year. The receipts from January 1 to June 19, inclusive, were 81,111,163 pounds, against 132,172,222 pounds for the same period last year. Hop Crop Outlook Improved. The outlook for the hop crop in Ore gon has been materially Improved in the past week by the abundant rain fall, and it is now believed the total yield will come up to last year's. The yards are clean, from all reports re ceived. No business was reported in spots or futures in the latter part of the week. Prices are nominal and unchanged. Small White Beans Again Advance. A quarter cent advance was an nounced yesterday by jobbers in the price of small white beans. This is the result of the stiffening of the Cali fornia market, caused by the poor crop prospects in the bean-growing sections of that state. Large whites are hold ing firm. Pinks and bayous are a shade easier. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearlna-s. Balances- Portland l.Til!!.041 $149,107 Seattle ,. . 1.7H.-..047 218.004 Tacoma :tttK.7t.x 44 ow Spokane tfciU.224 97.925 Clearings of Portland. Seattle and Tacoma for the past week and corresponding week in former years were: Portland. Seattle. Tacoma. 113 ll,4tS7,5M 12.S4.t,uSS 2.S1.1DU 1912 10,.-.7,0h4 11.513.233 4.7SK.301 1911 .... U,973.1tiu 9.3S3.80U 3.910.1:10 1010 10.153,721 11,241.983 5.640.422 l!IO0 .... .-..031.42O 10.104.lo3 5.679.47'J 1UUS .... 0.31,4i9 S.10O.298 3,421,330 l'Xi7 .... 7.032.871 U.3Ht,835 0.219,431 190 .... 4,524,4.;5 7,6110.208 3,540,562 1905 8,948.808 6.3H1.373 2,988,079 ll(4 3.097.7:! 3.728.295 . 1.87&.114 lHOS 2.731. 0O2 3.03:5.123 1.752.758 lyo .... 2.461,504 4.331.247 1.22U.428 PORTLAND MARKET QUOTATIONS. Grain, Hour, Peed, Etc. . . .. . . . v u Li. tuc; oiue- stem, 98 11; 40-fold, 94c; red Russian 92c; FLOUR Patents. 34.70 per barrel; straights, $4.10; exports, 13.85 3.95; valley. t whuic wncai, S4.su. OATS No, 1 white, 32 per ton; stained and off grade, less. CORN Whole. 28.80; cracked, 129.50 per ton. MILLSTT'ITIPR Tlra.1 tIJ KftrflOt . - shorts. 2o.5027 per' ton; middlings, 131 BARLEY Feed. 2C.5027 per ton; brew ing, nominal; rolled, J28.5029.BO per ton. HAY Eastern fkrtnnn ( . v. ,. , SlS&iiq per ton; alfalfa, J1314. Fruits and Vegetables. . Local Jobbing quotations: TROPICAL FRUITS Oranges, Navels, lemons, S.258.75 per box; pineapples, no per pound. ' ONIONS New red, 11.25 per sack. VEQETABLE8 Artichokes, 75c per dozen -asparagus, Oregon, 60c 11.00 per dozen; beans, .78o per pound; cabbage, li2o per pound; cauliflower, $2.00 per crate: Com. 40c Tier dflHn ; niiM,mh.F. mt ia box; eggplant, 25o pound; head lettuce, $2.50 peas, oc per pound; peppers, 30c per pound; radishes, 1012o per dozen; rhubarb, l2o per pound; spinach. 75o per box: tomatoes 11. Kt not. b,w. ...n - m- . e " ' . . ... ou per pound. . POTATOES New California, 2 54c per pound. GREEN FRUIT Apples, new. $1.50 per box; old, nominal; strawberries, 40c$l per crate: cherries, 512,4o per lb.; goose berries. 23c per pound; apricots, 11.25 1.50 per box; cantaloupes, 53.50 4 per crate; peaches, $1.50 per box; watermelons, 3hic per pound; blackberries. $1.25; loganberries, Sl.BO per crate; plums, $1.50 per box. SACK VEGETABLES New California. $2 per sack. Dairy and Country Produce. Local jobbing quotations: POULTRY Hens, 12V4c: Springs. H19c; turkeys, live. 18c; dressed, choice, 24 25c; ducks, old. 12Uc: vounr 15o EGGS Oregon ranch, case count, 21 23c per aozen; canaieu, Z3Q24c per dozen. CHEESE Oregon triplets, 16Hc; Daisies, 17c; Young Americas, 18o. BUTTER City creamery butter cubes, 28c per pound; prints 29He per pound. PORK Fancy. 10V4H per pound. VEAL Fancy. 14 14 tie per pound. Staple Groceries. Local Jobbing quotations: SALMON Columbia River, one-pouna tells. $2.25 per dozen; half-pound flats, $1.40; one-pound flats, $2.45: Alaska, pink, one-pound tails, 83c; sllversldes. one-pound talis. $1.25. HONEY Choice, $3.253.75 per case. NUTS Walnuts. 18c per pound: Brazil nuts, 12V4,015c: filberts, 1515c; almonds, 18c; peanuts, 5il5V4c: cocoanuts, 90c$l per dozen; chestnuts, 11c per pound; hick orynuts, SgllOc; pecans, 17e; pine. 17Vi20c. BEANS Small white. ic: larae white. 5.900c; Lima. 6.30c; pink. 4.15c; Mexican, 5c; bayou. 4.15c. SUGAR Fruit and berry, $5.15; Honolulu plantation, so.iu; beet. $4.95; extra C, $4.65; powdered, barrels, $5.40: cubes. barrels. $5.50. COFFEE Roasted. In drums. 19 35c per pound. SALT Granulated, $14 per ton; half ground 100s, $10 per ton; 60s, $10.75 per ton; dairy, $12.50 per ton. RICE No. 1 Japan, 6T5Vic; cheaper grades, 4Mc: Southern head, EK96& DRIED FRUITS Apples. 10c per pound; apricots, 12 It 14c; peaches, 8llc: prunes, Italians, 8S10o; silver, 18c; figs, white and black, 6Vt7c; currants, 9 He; raisins, loose Muscatel, 614 7 Mc; bleached, Thompson. lle; unbleached, Sultanas, 8tto; seeded. 7 V4 8 8 c ; dates, Persian, 7H8c per pound; fard, $1.65 per box. FIGS Twelve 10-ounce, 85c: BO 8-ounce, $1.85; 70 4-ounce, $2.50; 30 10-ounce, $2.25; loose, 50-pound boxes, 67o; Smyrna, boxes, $1.101.25; candled, $8 par box. , Provisions. Local Jobbing quotations: HAMS 10 to 12 pounds. 20?21o; 13 to 14 pounds, 20 21c; picnics, 14o; cottage roll, 17c. BACON Fancy, 2980o:- standard. 30 26c; English. 22023c LARD In tierces, choice, 14Mc; com pound, 9 34 c. DRY SALT MEATS Regular short clears. 14 16c; short clear backs, 12 to 18 lbs., 1518c; short clear backs, 18 to 29 lbs.. 1616Hc; exports. 15tt lotto. BARRELED BEEF Extra mess beef, $19; mess beef,-$19; plats beef, $21 rolled boneless beer, $30. BARRELED PORK Best pig pork, $27; pickled pork, $25. Hops, Wool and Hides. HOPS 1912 crop, 12016c per pound: 191$ contracts, 14o per pound. PELTS Dry, 12o; lambs, 259 85e. WOOL Eastern Oregon, 10H918Ho; Valley, IS 19c per pound. GRAIN BAGS, 8c Portland. HIDES Salted hides lln nar nnunri- salted calf. 1617He; salted kip, 1214ci green hides, llo; dry hides, 21 22c; dr calf No. 1, 25c: No. 2, 20c; salted bulls, to. MOHAIR 1913 clip, 80933c per pound. Linseed Oil and Turpentine. LINSEED OIL Raw. barrels, 56c; boiled, barrels, 68c; raw, cases, 81c: boiled, cases, 63c OH, MEAL F. o. b. Portland works: Car lots. $35; 6 and 10-ton lots, $34: ton lota, $33. TURPENTINE Barrels, E2tto; eases, 53o, SAN FRANCISCO PsODlCE MARKETS Prices Quoted at the Bay City for Vegeta bles, Fruits, Etc. SAN FRANCISCO. June 21. The follow ing produce prices were current here today: Fruit Apples, 75c$l 50; Mexican limes, $6.60T; California lemons, choice, $8,000 B.0O; commote $406; pineapples. $1.2602.23. Cheese New, 14H15Hc; Touns Air .sri cas. 17 He. Hay Wheat, $2325; wheat and oats, $21.30i322: alfalfa, $1214. Butter Fancy fcreamery, 28c; seconds. 27c. .Vegetables Cucumbers, 40W75c; green peas. 34o; string beans. 23c;' eggplant 56 10c. Onions New, red, 8070c per sack; Ber muda seed, white, $1.25 1.50. Potatoes New River whites, $191.50; Early Rose, $11.50: old, river Burbanks, DO 73c; Oregon, 75c $1; new, $11.50. Eggs Store. 221jc; fancy ranch. 25c .Receipts Flour. 1840 quarter sacks; bar ley, 1335 sacks; potatoes, 2970 sacks: hay 403 tons. Chicago Dairy Produce. CHICAGO. June 21. Butter, unchanged. Eggs, unchanged. Receipts 18,123 cases. STOCK BEARS BUSY Shorts Grasp Opportunity to Sell Down List. DROP STARTS WITH LONDON Kefusal or Interstate Commission to Seopen Freight Rate Case Is Disturbing' InfluenceTrade Is Quieter at Close. NEW YORK. Juno 21. O u ota t inn a were scaled down generally today un- uer an outDuret of selling, which In some cases forced stocks nearlv to the low levels touched in the severe break of last week. Trading; was much more active than on recent days and the market was unsettled throughout the two-hour session. The chief causa of rnAWM,t ,mn was the refusal of the Interstate Com merce Commianlnn tn r a n r. n . V. 1 . .. . U . HID 41CI(JUI rate case on the petition of the Eastern luaua iot a o per cent advance. While the action of the Commission was modi fied by the fttatetnAnt that ...m.i conduct an Inquiry on its own account mm iub luauer or present rates, the news had an acutely disturbing; ln- The market's burden was increased by a declinA nf Amaviran o ,...... 4 . i .. in London before the opening; here, and evidences of further unsettlement ot the foreign markets. In London con sols fell to a new low record, and the cables brought reports of serious con ditions in the Balkans. Bear traders made the most of these conditions, attacking- the whole list at the opening. Such stocks as Union Pacific. Canadian T'arlir- pAaH4nIr Amalgamated and Smelting broke 2 to o 4uuiis. eieei dropped to 60, within a point of last week's low, and the preferred at 102 Vs, equaled its pre vious low. Amalgamated came within a fraction of its recent bottom figure. Trading grew quieter toward the close. Known movements of currency dur ing the week had pointed to a large gain in cash by the banks, so that to day's statement showing an increase of $6,800,000 in actual cash holdings waa in line witn expectations. The banks continued to pile up reserves, adding nearly $5,000,000 to the surplus. Bonds were huo w Tnt.i boIao .. n value, $817,000. United States 3s regis- icreu uocnnea ana Manama 38 cou pon on call on the week. NO ALARM OVER MONEY OUTLOOK. Surplus Reserves of New York Banks Now Above the Average. NEW YORK. June 21. Decreasing deal ings In stocks and Irregularity of movements this week point to the exhaustion of the larger speculative factors which have been active for a long time. The week's only Important development, so far as recounted In the movement of stocks, was the refusal of the Interstate Commerce Commission to reopen the freight rate case on the petition of the Eastern roads for a 6 per cent advance. Disappoint ment at this action temporarily disturbed the market, although the decision of the commission to make an inquiry of Us own concerning the sufficiency ot present rates held open the hope to the roads of ulti mate success. There was no recurrence of alarm over the money outlook. There did recur, how ever, the realization of the necessity of caution in the use of credits and of fur ther difficulties to be encountered through the excess of demands for capital over the available supply throughout the world. While there are symptoms of the prevailing tightness of money markets everywhere, there are evidences also of corrective meas ures at work. Surplus reserves of the New York banks are now above the average fo this season. Steel buyers continue to hold back, and trade opinions differ over the likely effect of completion of the tariff legislation in ending the dullness. Copper prices also receded. CLOSING STOCK QUOTATIONS. Reported by J. C. Wilson &. Co., Lewis building. Open.High.Low.Closa. 63 K:t l. ! H'f 1 K'J Am. Car & F.. com.. Am. Can, com. do preferred Am. Cotton Oil. com. Am. Sugar, com..... Am. Smelt., com. ... do preferred ...... Am. Tel. A Tel Am. Woolen, com.... Anaconda Mining Co. 41 20Va 41Vkl u, 4014 24 23Vl 25 i0V 64 i4 4 30 f iloutt 1 OOVi 004, . UK 1 123 128 ,127il27W I 17 31HI 31H 64 I t5 V7i 7 93V, 93V, 1 21 Rtl 1 KB 32 95 97 93 82 97 T 9SVa A. uuiBuii, cum. . . . . . do preferred ...... B. A O.. com- Beet Sugar .Brooklyn Rapid Tr. . Canadian Pac, com.. Central Leather, com. do preferred C. & a. W.. com do preferred C. M A t t 86 Vi 215 1215 1213V, l13Vi 20 20 20W 20 h9 11 23 1K1 126 33 58 20 27 2ft V.! Ml.. KIU ilifl 1 1111 1. C. A, Ttf W nftTT Chino CODDer .. . Jlo ,127 . a j 32 35 20 nesapeaKe A unio. . Colo. Fuel & Iron. c. . ColO Smith rnm 50 2U 50 205, Consolidated Uai 128 128 128 127 Corn Products, com.. do preferred Delaware A Hudson. . Denver A Rio Gw o. . do preferred Erie, common do 2d preferred.... do 1st preferred... General Electric Ot North, ore lands.. Gt. North., ptd. Ice Securities Illinois Central Int. Harvester Interurban Met, a... do preferred ...... Lehlgu Valley Kansas city South... Louisville A Nash... M.. K. A T., coax... do preferred Missouri Pacific National Lead Nevada Con N. Y. Central N. Y., Ont. A W-... North American No. Pacific, com.... Pennsylvania Ry P.'s G-, L. A C. Co. P. Stl.- Car, com.... do preferred Ray Cons. Copper. . . Reading, com do 2d preferred... do 1st preferred... Rep. I. A s., com... do preferred Rock Island, com... 10 lO 9 14 'id" 9 63 130 14 25 23 2!) , 30 .134 2D 15 '23 15 3 130 il:3 134 ?! 29 20 1122 U22 1120 120 . . . :. L 2u 10RI 1UL. myu in.j. !105,103;1U51104S iu: i.iu ..k.- 58 I 60 I 53 55 149 28 Mai 2rt '130 130 130 ,129 20 "28 'ii 99 31 ioTU 20 29 14 9H 31 20 '28 ii' 98 81 18 58 28 43 14 98 81 b3 4. 107 110 ins 108 I110 108 inuu -I. 23"1 107 23 16 23 is it 22 91 14 1136 1158 154 155 83 SO 17 74 13 24 6 14 26 87 03 20 74 2t 12 8 IT 18 75 15 25 1 'is" 'si' ' 20 28 it 75 15 25 is" ' '94' ' 20 75 29 18 74 15 24 is" " 93 20 74 27 Bt. L. A 6. F., 2dpfd."i wo a. 1. preierreo... St. L. S. W.. com do preferred So. Pacific 00m.... So. Railway, com . . do preferred ..... Tenn. Copper ...... T . a . a. TJ .. . I I To.. Bt. L. A W., com I.- I- ao preierrea Union Pacific, com. do preferred tT. 8. Rubber. Com... do preferred ..... U. S. Steel Co., com do preferred Utah Copper Virginia Chemical . Wabash, com. . . . . do preferred Westlnghouse Else. Wis. Central, com.. 144 80 57 '66 103 40 "2 144 80 67 "00 108 41 "i 141 141 80 56 50 SO 56 101 102 102 40 '2 40 26 ? 58 48 3 48 43 Total sales for the day, 282,400 shares BONDS. Reported by Overbeck Cooke Co., Board ot Trade building. Fortiand. Bid. Asked. Atchison general 4s 93 94 Atlantlo Coast Line 1st 4s 87 83 Baltimore A Ohio Gold 4a 90 90 B R T 4s 87 87 Chesapeake A Ohio 4a 93 95 C M A St P gen 4S 99 99 C K I col 4s 53 . 53 California Gas 5s 92 9:1 C B Q Joint 4a o:t 03 Erie general 4s 67 71 Int M)t 4s 7.1 75 Louisville A Nashville unl 4s... m 04 Missouri Pacific 4s 8:1 (HI NYC ten 8s 83 84 N A W 1st eon 4S 90 -- 92 Northe-n pacific 4s 92 93 Oregon Short L,ine ref 4s 87 88 Oregon Railway Navigation 4s.. 90 91 Pacific Tel 5s 9GS4 Penna Con 4s 99 Reading gen 4s 92 ?m St L. A S F ret 4s 67 Southern Pacific ref 4s 874 Southern Pncttic col 4s 12 Southern Railway rs 101 Vi Southern Railway 4s 74 I'nlted Railway inv 4s 57 I'nlon Pacific 1st and ref 4s.... United States Steel 5s Hit West Shore 4s 9:1 1 Wabash 4s .V4 WestinEhJuse Electric cv 5s.... SSv Wisconsin Central 4s STi Weftern Pacific 5s 76 93 4 102" " T4V 58 Oli 94 50 5i 89 is' " Stocks s BOSTON. June 21.- Allouez 21) Vi Amal Copper. . . 62 A Z L A S 19 Arizona Com... 2V H&CC&SM. SO Cal &. Arizona. V.IH Cal & Hecla....410 Centennial C R C Co 3SH E Butte CM... 91. Franklin 5",, Giroux Con I Granby Con. ... 23 Greene Cananea rt I Royalle Cop IS Kerr Lake 3U T at. , - it Boston. -Closing Quotations: Mohawk 43 :Nevada Con 14 Nipissing Mines. $ 'North Butte 24 North Lake 1 V Old Dominion 42 lOsceola 75 tQuiney 57 jShannon ....... 7H .Superior ....... 22 S B M 2 Tamarack 23 !U S S H A M. .. . 33 do preferred.. 4I4 Utah Consol TV, H"tah Cop Co 404i i "-1 ... - -a La Salle Copper 3, Miami Copper. . 20 vv inona 4 Welverlne 44 I Money, Kxchange, Ete. NEW YORK, June 21. Money on call, nominal: no loans. Time loans, easier; 60 cays. 3h4 per cent; 00 days. 8 44 per cent; six months. 55 per cent. Close: Prime mercantile paper, 8 per cent. Sterling exchange steady, with actual busi ness In bankers' bills at $4.83 for 0O-day bills and at $4.86S3 for demand. Commercial bills. $4.82. Bar silver, 0Sc. Mexioan dollars, 48c heavy''""18111 bonds' steady; railroad bonds. m?2 ?,RA,NCISCo7Tune 21 Silver bars, 58e; Mexican dollars, nominal: drafts. " SJlhn pe cen,: .do telegraph 4 per cent, sigh $4 86 1-ondon' 60 day- 83; do LONDON, June 21. Bar silver quiet. 28d per ounce. Money, 3 93 per cent. Rate of discount in the open market for short bills 4 5-16i4 per cent; three .uuukjis otji. o-Jog4 per cent. cattle Wet firm LIGHT RECEIPTS KEEP I.OCAI PRICES AT GOOD LEVEL. Hogs Are Strong and Will Advance IT Arrivals Continue Small. , Sheep Trade Drags. The week closed quietly In the live stock market. Only a single load of hogs and sheep came in and they went direct to a packer. The arrivals were 90 hogs, 36 sheep and 23 horses and mules. The shippers were C. E. Lucke, Canby, Or., 1 car mixed hoara and her- J. W. Bragey, Redmond, Or., 1 car worses ana mules. The official weekly market report. Issued by the Union Stockyards Com pany, follows: 'Receipts for the ' week havn h.n cattle, 1126; calves, 176; hogs, 2667; sneep, 4413. "Market steady to stroneer this week Best grass steers sold in bulk $88.25 witn an occasional good load at $8.60. Outlet is somewhat limited, but re. ceipts have not been large enough to come to a glut. Good cows and heifers were not offering freely, but one bunch or cows brought $7. the remainder be Ing poor quality. Prime light veal calves at $9.05 featured. "A steady to higher hog trade. Re action in prices set In early Monday morning. Tops quickly reached $8.25 $8,30, $8.35 and finally $8.40. Thurs day's market firm at $8.40. Continued light receipts would strengthen it still turtryer. "Sneep house dragsy. Prime vear lings fail 1 J to sell better than $5; ewes $4.f0 and .ir-br $8.50 and $6.76. Much thin stuiV i. -om.ng in this year and buyers are nrr anxious for any but gooa. rat mutton and lambs." The following sales are representa tlve or the week's trad: . Weight Price 23 steers i120 $8.30 " -" IUIO 69 steers .............. n.v s -. 28 steers mo 7.5,5 1 heifer . nm T 50 3 cows 14KM 7.115 53 cows 1001 7.00 " cows 1010 .73 82 calves 133 o.OS 33 calves isa 9 00 1 hu'l , 12-20 h.23 2 bulls 135 6.00 00 hogs lui g 40 033 hogs 190 8.3J 196 hogs- 216 8.30 1299 JlOBS 207 8.25 l.)2 lambs so 8.73 340 lambs so 650 742 W. off car 100 B.OO 277 ewes 95 4.00 The range of prices at the yards was as follows Choice steers .... Good steers ...... Medium Btoors ... Choice cows Good cows Medium cows .... Choice calves .... Good heavy calves Bulls Hogs light Heavy ........... Sheep Wethers Ewes Lambs .......... $7.75l3!$8.$0 7.25W 7.60 7.00 7.23 6.504 7.O0 6.259 6.50 6.004 6.23 S.OO'jl 0.05 n.ourif T.so 4.000 6.00 3.00 5 7.00(1 8.4ft 7.30 --- 4.00 3.00 3.00 4.50 5.009 .60 Omaha Livestock Market. SOUTH OMAHA, June 21. Cattle Re. eeipts 100, market steady. Native steers, 37.40SfS.75: cows and heifers, $5. 75 ! 8. 25; Western steers. $6.50488.10: Tem i,.r $6.O0'7.BO; cows and heifers. $5.507.5u; HOKS Receints 11.400. marlr.f tn..r Heavy. $8.804j-8.45: light, $8.45y8.53: pigs, $7.253 8.23; bulk of sales. $8.35 'it 8.45. Sheep Receipts 600, market steady. Tearlings. $5.2.3 6.10; wethers, $5.506.0O; Chicago Livestock Market. CHICAGO. June 21. Cattle Receipts 200, market steady. Beeves, 7.209.O5; Texas steers. $6.9008. 00: Western steers, $7.0ij 8.10; stockers and feeders, $5.90 3? 8 05; cows and heifers, $3.80 8.40; calves, $6.7509.50. Hogs Receipts 9000 market slow at yes terdays average. Light, $8.50 8.80; mixed $8.4.-'ff 8.80; heavy. $8.23 3 8.77; rough; $s.258.43: pigs, $6.7633.50; bulk of sales, $8.65& 8.73. Sheep Receipts 8000. market weak. Na tive, $4.60113.50; Western. 14.75(8' 5.50 , year lings, $5.406.40; lambs, native; (3.1006.75; Western, $5.25 8.75; Spring lambs, $5,259 7.50. Ban Francisco Grain Market. SAN FRANCISCO. June 1. Spot quota tions: Walla Walla, $1.62 1.63 : red Russian, $1.60iQ 1.62 ; bluestem, $1.72 1.73: Turkey red. $1.72 at. 75; feed barlev, $1.35 1.37; brewing barley, nominal; white oata, $1.57 1.60; bran, $2727.r0; middlings. $32ff32c: shorts. $282S.30 July barley, $1.33 hid, $1.89 asked. Call-board Wheat easy. Barley un settled. Dec. $1.89; July, $1.83 bid. $1.39 asked. Pnjret Sound Wheat Markets. SEATTLE, June 21. Wheat Bluestem. 93c: fortyfold, 82c: club. 91c; fife, 91o: red Russian. OOc Yesterday's car receipts Wheat, 4; oats, 6; corn, 2; flour, 8; hay, 8; barley, 1. TACOMA, June 21. Wheat Bluestem. 97 C98o; fortyfold. 94c; club, 03o; red fife, 9--'o. Yesterday's car receipts wheat, 12; bar. ley, 1; corn. 2; hay, 8. Hops at New York. NEW YORK. June 21. Hops, quiet. sstmARIPP DPniTPTinM Awn iMurcTMPMTp j-iaws a itiiiuvtiun nU 1H T LJ 1 1UL11 1 J Wo own and offer at Par 00 a share and accrued interest, several Odd f,d rT010""! 1? ?I Pyblle Utility, Municipal and Industrial K-curitiri, all with steady dividend-paying records, and no Banded Indebtedness rhit ever, all Investigated and some financed by us. Convertibility Into Cash Is assured through our custom ol repurchasing securities bought of us at il?r i . Pf SI? -!b.ccr"r'' Interest, less a net handling charge of 1; one lot C Benefited by Tariff Reduction and netting 7 Cumulative frrred. Enterprises of merit financed. ft" rVtTrn V n fil.V.'i f'i. dividends; Possessing in addition to the generous inter lecuruT' Te.r. ,I2.,..,r.U?IdWlth ""P" ' status and position a. senior securities. 1 ney are useless to thieves, as we register them rree of charre In the purchaser's name, and replace them Ino... of fire or accidental loss. Toclo.e o,,t WILLIAM C. HEYNES, 91 BROAD STREET, NEW YORK. FULL CENT GAINED Balkan Troubles and Rain Lift Wheat Prices. CLOSE AT CHICAGO STRONG Corn Is Weakened by Breaking of llrouth In Large Part of Illinois, but Traders Are Cautious About Pressing Sales. CHICAGO, Juno 21. Balkan difficul ties received some of the credit today tor an advance in wheat. Unfavorable weather in both the Spring and Winter crop territories did the rest. Closing prices were steady at ?4 to 1c hlirher. Corn finished c to 74 Tic down: oats off ?c to H'c, and provisions varying: from 2c decline to an upturn of 5 to 7 He A brief drop in prices at the opening formed the only exception to bullish control of the wheat market. Corn weakened on account of the breaking; of the drousht in a larfre part of Illinois. The trade was cautious, however, about pressing- the spiling: side until the final extent of the rainfall became known. Wetting of important sections here tofore dry eased oats. Steadiness in the hotr market helrl provisions within a narrow marjln. L.ara monopolized most of the business. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. JnlT .0 $ .si i $ .sou. $ .9, Pept. , 90t .91 .004 .Ml Dec 93 .94;s .03 .94 CORN'. July 80 .61 .60 sou, Sept 01 .62 .60 .61 w, Lec .69 .69 .53 .0S- OATS. July 41 .411i .41 .41 ?"Pt. 41 .42 .41 .41 Le -42 .43 .42 .42 MESS PORK. July 20.70 20.77 20.70 20.77 Sept. 20.4O 20.47 20.35 20.4 LARD. July 11.07 11.15 11.07 11.12 SfPt. .....11.22. 11.30 11.22 11.27 Oct 11.27 11.32 11.25 11.32 SHORT RIBS. July 11.70 11.75 11.70 11.75 KPt. 11.67 11.75 11.67 11.75 Oct 11.47 11.53 11.43 11.35 Corn No. 2. 14islc: No. 2 white. 62ft62c: No. 2 yellow, tilGeic; No. 8. i0. toUlc: Xo. 3 white, 61t6e; No. 3 yellow, 6ieaic; No. 4. 60&U0c; No. 4 white, 61c; No. 4 yellow. 60S60c. Rye. No. 2. 61c Barley, 50?? 65c. Timothy. $3.5034.50. Clover, nominal. Minneapolis Grain Market. MINNEAPOLIS, June 21. Close Wheat July, 9ofe91c; September. 93c; Decem ber. 95 c. Cash No. 1 hard wheat. 93 c: No. 1 Northern, n24frV3c; No. 2 Northern, 90 & 91c; No. 2 hard Montana, 904 91c; No. d wheat, 88tes9c. Bran unchanged. Flax unchanged. Bar ley unchanged. European Grain Markets. LONDON. June 21. Cargoes on passage quiet. LIVERPOOL. June 21. Wheat Spot steady, futures dull. July. 7s 6d; October. 7s Sd: December, 7s 4V4d. Sanitary paving, free from chuck holes and ruts, is a feature of BITULITHIC OVERBECK & COOKE CO. Brokers. Stocks. Bonds. Cottaa, Qrala. Hta. 21S-21T BOARD OP TRADES BLDO MEMBERS CHICAOO BOARD OK TRAD IB. Correspondents of Lous Jt Bryan. Caiosug and New York. MEMBERS lVew York Stock Eickaige, Cnleasio Stock Enbust, Boilss stock GsebsBss, Cblcsse Board ot Trade, New York Cottoa Eicssage, Now Orleans Cottoa Kxekssga, Now York Coffee Eickaait, Now York Produoo Uxckaasro, UnrrMl Cotton Aaa'n. J.CWIUSON&CO. STOCK. BONDS. GBAIX AND COTTO) MXMBEB8 JTEW YORK STOCK. EXCBAW3E, MEW YORK COTTON KXCRANOB, cuiOAuo board or nuiia, rag STOCK AND BOND KXCttANOX B3t ZRANCIJtCO. P0STLAJID OFFICE: Lewis Bunding, 269 Oak Street. Phones Marshall 4120. A 4187 IRATELEB8' QUIDS. COOS BAY LINE STEAMSHIP "BREAKWATER" sails from xlbers Dock, No. 3, Portland, at S A. si. June 4. 8. 14, 18, 24. 29, July 4, . 14, 19. 24 20, thereafter every five days, 8 A. M. Freight received dally until S P. M. except day previous to sailing, previous day 4 P. M. Passenger fares; Klrst-class, 10; second-class. $7, including berth and xneala. Ticket office at Albers Dock No. 3. 1'ORTI.AM) COOS BAY S. S. LINE, L. K. KEAI1NU. Agent. Phono Main 683, Preferred Interest Information on Request. Shares of I "re- k en